# Solitron Devices closes acquisition of Micro Engineering

Solitron Devices closed its acquisition of Micro Engineering Inc. (MEI), an Apopka, Florida-based manufacturer of electronic components for the medical and defense industries. The deal includes an initial payment of $3.0 million and potential earnout payments.

- Type: Acquisition
- Announced: 2023-09-05
- Where: Apopka, Florida, United States
- Value: $3.00M
- Status: completed
- Products: electronic components
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Solitron Devices](https://endata.com/companies/72435.md) (acquirer)
- [Micro Engineering](https://endata.com/companies/72436.md) (target)

## Sources

- [accessnewswire.com](https://www.accessnewswire.com/newsroom/en/aerospace-and-defense/solitron-devices-inc.-announces-closing-of-acquisition-and-preliminary-fiscal-780818), 2023-09-05: "Acquiring Micro Engineering is an exceptional opportunity to expand the solutions that we offer customers."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.